claude-haiku-4-5-20251001 · $0.036
Haggis Pinball liquidates; Stern launches B&W Godzilla; Greg Ferris retires; market prices plummet.
Haggis Pinball has ceased trading and appointed liquidators after failing to secure financing
high confidence · Pinball News report cited; Kevin and Nick discuss the company's failure to deliver on pre-orders
Haggis took money in a Ponzi scheme-like fashion, funding new projects with customer pre-order deposits rather than fulfilling existing commitments
medium confidence · Nick's characterization of Haggis's financing model; described as taking deposits for multiple incomplete projects simultaneously
Pinball machine prices are crashing in the secondary market at unprecedented rates since the hosts have been in the hobby
high confidence · Kevin and Nick discuss games losing $1,000-$3,000 in value; Zach's John Wick LE dropping from ~$7,900 MSRP to $6,100 unsold within one month
Greg Ferris, Stern's longtime art director, has retired after nearly four decades in the pinball industry
high confidence · Stern press release announcing retirement and appointment of Sebastian Napoli as new art director
Stern misrepresented a one-for-one personnel transition (Ferris retiring, Napoli hired) as an 'expansion' of the art team in their press release headline
high confidence · Kevin critiques Stern's press release for claiming 'expands our team' when only replacing one person
Multimorphic Princess Bride P3 modules are beginning shipment in August 2024, meeting the summer timeline promised
high confidence · Jerry's recent update to customers; first batch notification expected within days
Zen Studios is developing its own unique digital Princess Bride pinball game separate from Multimorphic's physical machine
high confidence · Kevin and Nick discuss the unusual circumstance of two different Princess Bride pinball games from different developers
“Haggis Pinball, rest in peace, we hardly knew you.”
Kevin Manning @ ~7:30 — Opens the Haggis bankruptcy discussion with dark humor, setting tone for industry warning
“Don't buy a pinball machine that doesn't exist. Don't ever do that, period.”
Kevin Manning @ ~18:45 — Core messaging to new collectors about avoiding pre-order risk from startup manufacturers
“It didn't really work out for Haggis, but he's definitely going to make it happen for your business. So what could go wrong working with these guys?”
Kevin Manning @ ~13:00 — Sarcastic reference to Damien Harden's consulting company background while Haggis failed; implies past business experience didn't translate to pinball success
“Failure is part of being an entrepreneur and starting things up... but they were at the end taking money in kind of like a Ponzi scheme fashion because it wasn't working out.”
Nick Lane @ ~17:30 — Balanced but critical take on Haggis's model; distinguishes between honest startup failure and problematic financing practices
“Games are losing 1,000, 2,000, 3,000. They're plummeting.”
Kevin Manning @ ~33:00 — Quantifies unprecedented secondary market collapse; contrasts with pre-2020 norms of $500 losses
“Stern, don't do it again... Kevin Manning is going to drop the fucking hammer on you.”
Kevin Manning (self-referential) @ ~50:15 — Dramatic warning to Stern about misleading press releases; establishes host as PR watchdog in community
“It's an interesting time... Stern's got that huge facility. I imagine that John Wick has been a total disaster for them.”
Kevin Manning @ ~41:00 — Suggests Stern's recent title is underperforming; implies financial pressure on manufacturer
“The game goes up. You can almost sell it for $1,000 or $2,000 more because it couldn't make it fast enough. That was an abnormality.”
business_signal: Stern facing financial pressure; hosts speculate John Wick is 'total disaster' requiring large facility with high overhead to justify continued production; market offers limited hits to sustain factory operations
medium · Kevin: 'Stern's got that huge facility. I imagine that John Wick has been a total disaster for them... they're probably throwing everything at the wall... they've got that huge facility... to make it worth keeping that place running, they've got to really get some hits'
business_signal: Haggis Pinball ceased operations and entered liquidation after failing to secure financing; used customer deposits from pre-orders to fund subsequent projects rather than completing initial commitments
high · Pinball News report; Kevin notes they shipped some Fathoms and Stealth but took money Ponzi-scheme style for Centaur while unable to deliver existing pre-orders
event_signal: Hosts conducted audience poll during episode to gauge retention of new players (joined 2020-2023) to contextualize warnings about startup manufacturer risks and scams to hobby-naive listeners
medium · Nick requests chat poll: 'I am curious... anybody that got into pinball in the last four years in this hobby?... because there are a lot of people that have just gotten into pinball'
sentiment_shift: Hosts emphasize warnings to newer players (joined last 4 years) who may be unaware of common startup manufacturer failure patterns; frame skepticism as protective mentorship, not bitterness
high · Nick: 'I am curious... Because there are a lot of people that have just gotten into pinball... they might not be aware of that [scammy BS]... we try to do is just save you from any pain or suffering'
groq_whisper · $0.355
Kevin Manning @ ~34:30 — Reflects on COVID-era bubble; emphasizes current market normalization represents return to historical baseline, not new crisis
market_signal: Secondary market for pinball machines experiencing unprecedented price collapse; games losing $1,000-$3,000 in value within weeks; John Wick LE dropped from $7,900 MSRP to $6,100 unsold
high · Kevin's specific examples: typical depreciation was $500 over 1-2 years; now $1,000-$3,000 loss within weeks; Zach's John Wick LE listing unable to sell despite $1,800 discount
market_signal: Stern Pinball misrepresented one-for-one art director transition as 'team expansion' in press release headline despite Greg Ferris retirement with only Sebastian Napoli appointment and no additional hires mentioned
high · Kevin critiques press release headline 'Stern Pinball expands our team' when only replacing Greg Ferris with Sebastian Napoli; Kevin calls it 'straight-up lie' and 'bad headline'
personnel_signal: Greg Ferris, legendary Stern Pinball art director (37+ years), retired; replaced by Sebastian Napoli (15+ years commercial design experience from advertising/branding sector)
high · Stern official press release; Ferris created iconic artwork for Bally Valley games (Harlem Globetrotters, Fathom, Strange Science, Dr. Dude, Party Zone, Elvira series) and collaborated with Dutch Pinball
market_signal: Hosts discuss psychological shift in purchasing behavior due to rapid depreciation; players avoiding new machines unless guaranteed long-term interest; secondary market difficulty reducing willingness to speculate
high · Kevin: 'it's tough to justify the purchase of any pinball machine right now when it takes a big hit... I sold Roadshow... I looked at Star Wars... how hard is it going to be to sell when I want to sell it?'
announcement: Multimorphic Princess Bride P3 modules shipping beginning August 2024; first batch customers notified imminently with shipment ~2 weeks after notification; Zen Studios simultaneously developing separate digital Princess Bride pinball game
high · Jerry's recent update; Kevin notes this is unusual dual-developer scenario ('I can't think of any other time when this has happened where a physical machine... and then Zen's like, hey, we're also doing [same IP]')
announcement: Stern released Godzilla 70th Anniversary Edition (Premium tier, no LE restriction) as monochromatic black-and-white variant at $9,700 MSRP with red accents and special topper
high · Kevin and Nick discuss Godzilla 70th Anniversary; described as response to Godzilla ranking #1 on Pinside; Stern promising no subsequent LE models of this version